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A proactive supply chain risk posture is increasingly necessary — and finally possible

Spend Matters

Having been responsible for global operations, overseeing tens of thousands of suppliers at Fortune 500 companies, it has become increasingly clear to me that organizations need to be able to predict and get ahead of disruption if they want to continue to grow and thrive in this risk landscape.

Risk 86
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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it? What is Inventory Forecasting?

Inventory 170
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AI in Logistics – The Ultimate Guide

Procurement Tactics

AI systems are able to learn, recognize patterns, and make predictions by analyzing data with the use of algorithms and statistical models. AI is also helping companies to make better decisions by providing real-time insights into their operations. Use the insights gained to improve operations and customer experience.

Logistics 193
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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.

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From Reactive to Proactive: How Predictive Procurement Reshapes the Industry

Arkestro

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% How does Predictive Procurement Orchestration Work?

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How IBM helps clients accelerate app modernization and control costs

IBM Supply Chain Blog

A large US-based healthcare company recently engaged with IBM® to accelerate their cloud adoption with consistent and predictable outcomes. IBM’s mission is to harness the power of data and hybrid cloud to drive real-time, predictive business insights that help clients make intelligent business decisions.

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ChatGPT in Procurement — Revolutionizing the Norm

Procurement Tactics

The most basic training of language models involves the prediction of the sequencing of words. Commonly, it is observed as either next-token-prediction or masked-language modeling. ChatGPT lacks insights An article by The Insider quoted an academic that says that academic essays generated by ChatGPT lack insights about the topic.